Two franchise operators of KFC and Pizza Hut restaurants in India have agreed to merge in a share-swap deal worth about $933 ...

The boards of Devyani International and Sapphire Foods approved a scheme of arrangement for the merger of SFIL with and into ...

Devyani International is the largest franchisee of Yum Brands' QSR chains, KFC and Pizza Hut, apart from being the sole ...

Devyani International will absorb Sapphire Foods under a share-swap merger to create a single Yum! India franchisee for KFC ...

Devyani International and Sapphire Foods, India’s two largest operators of KFC and Pizza Hut, are set to merge in an all‑stock deal that will create a single, unified franchisee for Yum! Brands’ ...

Under the proposed merger, Devyani International will issue 177 shares for every 100 shares held in Sapphire Foods, the company said ...

Sapphire Foods India Limited (SFIL) and Devyani International Limited (DIL), the two dominant franchisees of Yum! Brands in ...

KFC franchisees blame grilled chicken ad campaign for drop in sales. Aug. 17, 2010— -- For nearly 60 years the Colonel's original recipe has kept customers coming back to KFC for the finger ...